4-room apartment for sale in Tbilisi, Ioseb Grishashvili St — 101 m² for $265,000

Grishashvili st, 49. Located in the historical center of Abanotubani, this is the only modern building in the area, just 5 minutes walk from the sulfur baths and the Botanical Garden. Very quiet location with free parking spots. Opposite Sheraton, enjoy the morning sounds of the Holy Trinity Cathedral bells. Long-term rentals no longer yield 10% or even 5% returns. Only tourist locations like Abanotubani offer short-term rental opportunities with a real ROI of 10% and rates of $110–120 per night (accommodates 9 guests). There is an on-site shop in the building. Beautiful entrance and a free elevator. Potential to convert balconies into a large terrace with private access to a closed courtyard. Features include Grohe plumbing, a new boiler, air conditioning in every room, floor-to-ceiling panoramic windows, and 2.85 m ceilings. The entrance has high-end finishes and video surveillance. Furniture and appliances are included, making it ready for immediate daily rental. Within 200 meters, you'll find a large park along the Kura river embankment, a church, and Intellect school. In the underground parking, the upper level is completely vacant (note: the car lift is currently out of order).